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El Tucán Group
In this Group: Digmara, Yaritza, Luz Marina
The Tucan Group consists of three hardworking and enterprising people. One of them is Digmara who has had a tortilla store for seven years and has also sold firewood for one year. From the early hours in the morning, she prepares the stove and begins clapping the tortillas for that morning. At lunch and dinner she repeats this hard work. In the evenings, she grinds the corn.

She will invest the loan in mainly corn and firewood. The other members of the group are Luz who has sold vegetables for six years and Yaritza who has had a small grocery store for seven years.
View original language description ↓
El grupo el tucán lo conforman tres personas trabajadoras y emprendedoras una de ellas es Digmara quien desde hace 7 años tiene una tortillerías, además vende leña desde hace 1 año. Ella desde tempranas horas alista el fogón y empieza a palmear las tortillas para la mañana, a la hora del almuerzo y la cena repite este arduo trabajo; por las noches nezquisa el maíz.
El crédito lo invertirá en maíz y leña principalmente.
Los otros integrantes son Luz quien se dedica a la venta de verdura desde hace 6 años y Yaritza quien tiene una mini pulpería desde hace 7 años

Additional Information

About ADIM

Located in Central America, ADIM is a small microfinance institution with a strong social focus. In the saturated microfinance market of Nicaragua, ADIM stands out for its emphasis on the holistic development of women as well as its provision of responsible financial services. Founded in 1989 by a small group of Nicaraguan women, this institution has remained true to its initial goal of providing its clients (90% of which are women) with an opportunity for economic growth, in addition to personal and professional empowerment. Supporting an ADIM borrower means contributing not only to the continued offering of the socially conscious services it provides, but also to the sustainable growth of a truly unique microfinance institution.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Nicaragua

  • $3,636
    Average annual income
  • 97
    View loans »
    Nicaragua Loans Fundraising
  • $24,384,275
    Funds lent in using Kiva
  • 23.8
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A portion of El Tucán Group's $2,025 loan helped a member to buy corn and wood to sell in her business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2012
Listed
Sep 18, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 17, 2013